The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-31
CONDITION OF THE MARKETS
Increased Trading in Wheat, Accompa-
niedby Decidedly Stronger Feeling.
Corn Quiet and Easy, Showing No Particular
Change-0ats Dull and Steady-Short
Ribs Active and Twenty Cents Higher.
MONEY, BONDS AND STOCKS.

Heading Shares Very Quiet on Narrow Fluctu-
ations-Bonds Moderately Active.
NEW YORK, March 30.-Money on call was
easy at 81 al per cent, the last loan being made
ut per cent, closing at 6O7.
Prime mercantile paper, 81 06l per cent.
Sterling exchange was dull, but steady at
44S4a for sixty days, and 81 s6a for demand
The total sales of stocks today 296, l13
shares, including the following Delaware. Lack
awanna & Western, $4,000: Erie. 1920; Lake
Shore, 375; Ohio & Mississippi, 10,695: Read
ing. 20875; Texas Pacific, IS, 775; Western Union,
14,G25.
To-day's stock market presented somewhat of
q contrast to those of the past few days, the
leading shares becoming quiet, with narrow auc
Auations. The interest in the trading was mo-
snopolized by few of the specialties. The lead
ing operators showed a disposition to allow the
market to take of itself, the peculiar state
of the money market being the principal induce
lnent to this course The traders and the for
eigners were free sellers, especially early in the
day, but supporting orders confined the resulting
declines to insignificant fractions only. the I'M
settled condition of trunk line matters was the
& principal factor in the selling All the leading
shares were quiet and spiritess. Several of the
speciAlties, however, displayed decided activity
ard strength, the Gould stocks being especially
prominent, and Texas Pacific became the lead
ing active stock of the day. The afternoon trad
ing was enlivened by spurts in Oregon &
Transcontinental and Oregon Navigation, upon
yhe announcement from Boston that the lease of
'yhe latter road had been ratified by the Union
Pacific. Fort Worth & Denver, Hooking Coal
a Iron, Kingston & Pembroke, Ohio 81 Missis-
sippi, and Colorado Coal were all unusually
active and strong The opening was rather
heavy this morning, most stocks showing small
declines from last evenings final figures. The
market was active but feverish and unsettled in
the early trading though heavy tone was soon
developed in a majority of the list. The move
ment in prices, however, was Insignificant. and.
toward noon. the market became more settled
and quiet In the afternoon comparative dull
ness overspread the market, while much firm
-sr tone was developed under the lead of the
Oregons. Reazatious in the last hour again
Sagged the market oft, and the close was quiet
and generally heavy, close to opening prices. A
majority of the active list is lower this evening,
out the declines in no case exceed per cent.
Oregon Navigation is up Il; Hooking Coal. IA,
md Kingston IL Pembroke, per cent
Railroad bonds were moderately active. The
sales to-day were 81, s3l 900. The only special
features of the day were the activity and
strength in Ohio Southern and Indiana. Bloom
ington & Western issues. The L., B. 81 w. in
comes closed Il higher. at 34s. on sales of $780,
900. The general list was sluggish and irregu-
lar. and important changes are few. with ma
i0rity Of advances. Green Bay frsts rose 3. to
los; louisville & Nashville general, q, to ITO;
Ohio Southern frsts, 81, to 1O9a; Richmond Il
Danville debentures, 2. TO liz
Government bonds were dull but strong
State bonds were dull and steady. Closing
quotations were: